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Showing posts with the label ethereum

Fintech Firm Issues Japan’s First Yen-Denominated Stablecoin on Ethereum, Avalanche and Polygon

A Japanese financial technologies (Fintech) firm is issuing the country’s first-ever yen-based stablecoin across several major blockchain platforms. JPYC Inc. says it’s launching JPYC, a yen-pegged stablecoin, on Ethereum (ETH), Avalanche (AVAX) and Polygon (POL). The stablecoin will aim to keep a 1:1 peg with the Japanese yen. In addition, the firm is announcing JPYC EX, the stablecoin’s official platform. According to a Reuters report, JPYC CEO Noritaka Okabe said in a press briefing, “We hope to spur innovation by giving startups access to low transaction and settlement fees. Increasing global interoperability would benefit us too, so we’re open to capital tie-ups.” According to a separate press release, the firm has plans to utilize JPYC for credit card payments and is currently bringing together plans to allow e-commerce payments with the new stablecoin. Last week, The Japan News reported that Japan’s Financial Services...

Ethereum Will Flip Bitcoin, Predicts Tom Lee: Here’s Why And When

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Grayscale Stakes 857,600 Ethereum Worth $3.83B As Institutional Confidence Grows

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Tom Lee’s BitMine Immersion Expands Crypto Treasury Holdings, Now Owns $13,236,220,005 Worth of Ethereum

An Ethereum treasury firm run by Fundstrat’s Tom Lee accumulated an additional 179,251 ETH in the past week. BitMine Immersion Technologies, the largest Ethereum treasury firm in the world, now holds a total of 2,830,151 ETH worth more than $13.23 billion at time of writing. BitMine also holds 192 Bitcoin (BTC), $456 million in unencumbered cash and a $113 million stake in the crypto treasury company Eightco Holdings (ORBS), which represents one of the firm’s “moonshots,” an investment strategy designed to support projects in the Ethereum ecosystem. Eightco Holdings announced last month that it planned to raise approximately $270 million to fund a treasury strategy focused on Sam Altman’s Worldcoin (WLD), an Ethereum-based crypto asset. BitMine currently owns more than 2.3% of the total ETH supply, and Lee notes the firm aims to reach “the alchemy of 5%.” “The BitMine team sat down with Ethereum core developers and key ecosystem players and it ...

Analyst Says Top-100 Altcoin That’s Exploded 174% in Days Is a ‘Strong Strong Coin,’ Updates Outlook on Ethereum and Plasma

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A widely followed crypto analyst says that one top-100 altcoin that has seen massive gains over the last few days still looks strong while updating his outlook on Ethereum (ETH) and the stablecoin-focused blockchain Plasma (XPL). In a new thread, crypto strategist Altcoin Sherpa tells his 255,800 followers on X that privacy-focused blockchain ZCash (ZEC), which has seen its price skyrocket by 174% this week, is a strong token that still has room to grow. “Almost bought [ZEC] last night but didn’t; this green box is predictive of another leg [up], usually. Strong, strong coin.” Source: Altcoin Sherpa/X ZEC went from a low of $54 on September 28th to its current price of $145, a gain of about 170%. Moving on to the top altcoin, Sherpa says that while he’s skeptical that ETH has found its local bottom, things are looking up for the second-largest digital asset by market cap. “Was this ETH move really the bottom? I’m dubious but...

48% of Ethereum EIP-7702 uses linked to crime, says Wintermute

Almost half of all Ethereum Improvement Proposal 7702 (EIP-7702) authorizations by users involve crimes like phishing and draining of funds, according to research from market maker Wintermute. This is a far cry from Vitalik Buterin’s claim that its temporary smart contract functionality would give users “superpowers” with “guardrails.” Since May 7 this year, users have activated the feature 1,580,930 times, with Wintermute’s team tagging 768,275 or 48% of them as crime-related. Criminals might — subject to further investigation — have victimized thousands of people using this feature. wild & depressing chart, the most used category of eip-7702 authorizations are "crime" (i.e. phishing/draining wallets) pic.twitter.com/7Bij2l1V0e — ceteris (@ceterispar1bus) September 19, 2025 EIP-7702 temporarily converts a user’s signing account into a smart contract wallet for the duration of that transaction. It was supposed to enhance user ...

Ethereum Treasury Sharplink Starts Stock Buy-Back, SBET Climbs

Ethereum Treasury SharpLink Gaming (SBET) has begun using its $1.5 billion stock buyback program, starting with the purchase of $15 million worth of SBET shares. “Maximizing stockholder value remains our top priority as we execute on our vision of being the most trusted ETH treasury company in the market,” said SharpLink Co-CEO Joseph Chalom in a statement. “With a robust balance sheet, zero debt, and a powerful ETH treasury generating income, we are in a position of strength. We believe the market currently undervalues our business, and rather than issue equity while trading below NAV, we are focused on disciplined capital allocation – including share repurchases – to increase stockholder value.” SharpLink Gaming maintains the second-largest publicly traded Ethereum treasury with 837,230 ETH valued at around $3.6 billion. Also Read: Ethereum Recovery Eyes $4,811 Pivot Before $8,500 Target: Here’s How Ethereum is currently one of the leading market assets, gaining a steady price surge...

Bitmine Adds Another $65.3M In Ethereum – Details

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Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum

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Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours

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